Dec 2, 2012 11:00pm PST
for things we need liken fraught structure. we think that's what is good for the economy. if they have different suggestions and want to go further in some areas, they should lay it out to us. >> you say they are in a hard spot, what do you mean? >> they are trying to figure out how to find a way to support things that they know they are going to have to do that will be very hard for them. you've heard them for the first time in two decades now acknowledge that they are willing to have revenues go up as part of the balanced plan. that's a it good first step but they have to tell us what they are willing to do on rates and revenues. and they have to tell us on the spending side if they want to go beyond where we are or do it differently and they have to tell us what makes sense to them. what we can't do, chris; try to figure out what works for them. >> the president campaigned for re-election on the idea of a, quote, balanced approach, end quote, to deficit reduction. a mixture of tax increases and spending cuts. here's the plan that the republicans say you presented to them this week.
Dec 2, 2012 4:00pm PST
referred to things that will help make the economy stronger in the short-term and let me explain why we proposed that. what we are suggesting is that we work to rebuild the country's infrastructure, rather than putting it off, doesn't say just to put it off and extend unemployment insurance benefits and help make it easier for americans to refinance mortgages and, tax incentives for business investment and proposed how to do that in a fiscally responsible way we can afford to pay for and matched those proposals, with spending savings that, together as part of the plan, get us down to the point where we stabilize our debt and that is the critical test. >> chris: let me drill down into the spending part of the equation, here they're increases, spending increase as you are proposing. $150 billion, in stimulus, public works projects over several years. a $30 billion extension of unemployment insurance, for one year. extension of payroll tax cuts, mortgage relief, deferral, of automatic cuts for doctors and medicare. here are the spending cuts. unspecified savings from nonentitlement program
Dec 2, 2012 6:00pm PST
that are closed out of business because of what is going on with our economy, that really tears my heart up. >> tax me. i don't care. >> you don't care if you pay more taxes? >> i pay a hue mownineying gus amount -- humongous amount of taxes. >> so do i. >> you do, too. >> if it would help i wouldn't mind it. the thing is it will not help. the more money congress gets the more they spend. >> i have to see it is doing some good. you have a foundation i have a foundation. we give a lot of money privately to wounded warriors fisher house the people we know do good. >> chuck thank you for coming. good to see you beguagain. >> thank you, bill. >> would you call yourself a conservative now? >> i have become conservative because of the position we are in right now. >> financial position things like that. >> certainly financial. i have always said you are going to wear the badge that we wear, the sheriff of the world. act like wyatt earp. >> that puts you in a minority in hollywood. >> there is a fear out there with some actors who aren't as accomplished as you are afraid to say they are conservati